Item - 2025.EP15.7

The Board of Governors of Exhibition Place:

1.  Approved the terms and conditions of the Memorandum of Settlement, set out in Confidential Attachment 1 - Appendix A, to the report (January 21, 2025) from the Chief Executive Officer, Exhibition Place between the Board of Governors of Exhibition Place and Carpenters and Allied Workers Local 27 United Brotherhood of Carpenters and Joiners of America.

2.  Authorized staff to make the necessary amendments to rates of pay and other issues identified as agreed changes to the collective agreement in the Memorandum of Settlement (Confidential Attachment 1 - Appendix A) and as set out in the Confidential Attachment 1 to the report (January 21, 2025) from the Chief Executive Officer, Exhibition Place.

3.  Directed that both Confidential Attachment 1 and Confidential Attachment 1 - Appendix A to the report (January 21, 2025) from the Chief Executive Officer, Exhibition Place be released publicly after the ratification by the Board.

Confidential Attachment 1 and Confidential Attachment 1 - Appendix A to the report (January 21, 2025) from the Chief Executive Officer, Exhibition Place are now public and can be accessed under Background Information.

The four (4) year Collective Bargaining Agreement between the Board of Governors of Exhibition Place and The Carpenters and Allied Workers, Local 27 United Brotherhood of Carpenters and Joiners of America (“Carpenters 27”), expired on December 31, 2024.

This report outlines the terms of a Memorandum of Settlement attached as Confidential Attachment 1 - Appendix A, that was ratified by the Carpenters 27 union on January 14, 2025, and pending Board approval would be the basis of a Collective Agreement with the Board, for a three-year (3) term, from January 1, 2025, expiring on December 31, 2027.